IMF bailout

An IMF bailout is financial assistance provided by the International Monetary Fund to countries facing economic crises and struggling to meet their debt obligations or stabilize their economies. In exchange, the country agrees to implement specific economic reforms aimed at restoring stability, such as controlling inflation, reducing budget deficits, or restructuring debt. The goal is to help the country recover financially and regain investor confidence, but it often involves short-term austerity measures that can impact public services and economic growth. The IMF’s support acts as a safety net, encouraging stability and growth in the long run.